SOL/USDT – 1H – BUYThe currency pair goes from the ascending trendline down.
A bearish descent downwards to the next support line at 146.570000000 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 158.050000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 158.05 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 158.050000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 162.300000000 |
| 2nd High | 162.000000000 |
| Next High | 158.050000000 |
| Current Price | 156.870000000 |
| Next Low | 146.570000000 |
| 2nd Low | 144.160000000 |
| 3rd Low | 141.120000000 |